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UK's BT accuses U.S. telecom rivals of hurting competition: FT

(Reuters) – A BT Group Plc executive has called for the United States to require its telecommunications companies to allow access to their networks at regulated prices, similar to rules in place in the United Kingdom, the Financial Times reported on Sunday. Bas Burger, president of the British company’s Americas unit, told the newspaper that a lack of regulation has hampered competition in the United States, where AT&T Inc and

FTSE set for worst day since 2011

The FTSE 100 slumped to its lowest level in almost three years on Monday, with all individual stocks in the red and miners leading the slide on growing fears of a China-led global economic slowdown. Alarm bells rang across world markets after a 9 percent dive in Chinese shares and a sharp drop in the dollar and major commodities panicked investors. “There is a snowball effect happening, with margin calls